Gold falls 0.5% as robust US jobs data lifts rate hike expectations

🟡 Gold drops 0.5% as US job gains raise Fed rate hike odds.
📰 Strong payrolls ease labor market concerns and shift focus to inflation data.
📅 Markets see a 58% chance of a September rate hike if inflation stays high.
🛢️ Ongoing geopolitical risks and oil prices continue to influence $GOLD demand.

Continue Reading:Gold falls 0.5% as robust US jobs data lifts rate hike expectations

The post Gold falls 0.5% as robust US jobs data lifts rate hike expectations appeared first on COINTURK NEWS.